S. Korea Exports Increase 6.8% in September

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Kwanwoo Jun SEOUL--South Korea's exports rebounded sharply in September from a decline a month earlier, government data showed Wednesday. Exports in September rose 6.8% from a year earlier to $47.69 billion, following a revised 0.2% fall in August, provisional ...

U.S., Brazil Reach Agreement in Cotton Dispute

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Leslie Josephs And William Mauldin Brazil and the U.S. have reached an agreement to settle a more than decade-old dispute over U.S. cotton subsidies, people familiar with the negotiations said Tuesday. U.S. Agriculture Secretary Tom Vilsack and U.S. Trade ...

CURRENCIES: Crude Oil Rebounds Slightly After Overnight Slump

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Eric Yep Crude-oil futures rebounded modestly in Asian trading hours Wednesday after an overnight sell-off that pushed prices to their lowest in more than a year. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...

Dollar Crosses Y110 Line for 1st Time Since 2008

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Hiroyuki Kachi Driven by diverging monetary policy and economic conditions in the U.S. and Japan, the dollar continued to gain traction against the yen in Asian trade Wednesday, briefly crossing the Y110 threshold for the first time in over ...

Islamic State Fighting Strains Pentagon Budget

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Dion Nissenbaum WASHINGTON--President Barack Obama's expansion of airstrikes in the Middle East is creating new strains on Pentagon planners who thought the days of costly military operations in that region were over--at least for now. The U.S. military campaign ...

South Korea Inflation at 1.1% in September

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

SEOUL--South Korea's consumer price index rose 1.1% on the year in September, slower than the market expected, government data showed Wednesday. The September reading, below the median 1.5% increase forecast by economists surveyed by The Wall Street Journal, came after ...

Swiss Factory Output Index Falls in September

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By John Revill ZURICH--Switzerland's manufacturing output index fell to its lowest level in nearly a year-and-a-half, data showed Wednesday, indicating demand for the Alpine country's industrial goods is waning as growth slows in Europe, its main export market. The Swiss ...

CURRENCIES: Dollar Crosses Yen110 Line For First Time Since 2008

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Hiroyuki Kachi Driven by diverging monetary policy and economic conditions in the U.S. and Japan, the dollar continued to gain traction against the yen in Asian trade Wednesday, briefly crossing the Yen110 threshold for the first time in over ...

Crude Oil Rebounds Slightly After Overnight Slump

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Eric Yep Crude-oil futures rebounded modestly in Asian trading hours Wednesday after an overnight sell-off that pushed prices to their lowest in more than a year. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...

U.S. Home-Price Growth Slows Again--Update

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Kathleen Madigan The yearly growth in home prices across the U.S. slowed more than expected in the middle of summer, according to a home price report released Tuesday. The home-price index covering the entire nation increased 5.6% in the ...

South Korea Exports Increase 6.8% in September

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

SEOUL--South Korea's exports rebounded sharply in September from a decline a month earlier, government data showed Wednesday. Exports in September rose 6.8% from a year earlier to $47.69 billion, following a revised 0.2% fall in August, provisional data at the ...

Indonesia HSBC Manufacturing PMI at 50.7 in Sept Vs 49.5 August

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By I Made Sentana JAKARTA, Indonesia--HSBC's manufacturing purchasing managers' index, or PMI, for Indonesia rebounded to 50.7 in September from a 12-month low of 49.5 in August, indicating an improvement in manufacturing business conditions. "The rebound in manufacturing sector conditions ...

Asian Shares Mixed in Low Volume Session

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

TOKYO--Stocks in Asia were mixed in subdued trade with Japanese shares falling on profit-taking while shares in Australia were lifted by a stronger U.S. dollar. Japan's Nikkei Stock Average ended down 0.6% at 16082.25 with the dollar hovering around Yen109.81, ...

Tele2 Leases Frequencies in Norway

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Dominic Chopping STOCKHOLM--Swedish telecom operator Tele2 AB (TEL2-B.SK) said Wednesday that its telecom operator unit Mobile Norway AS has signed an agreement to lease frequencies on the 900 MHz band from Ice Communication Norge AS. Through the agreement with ...

South Korea Inflation at 1.1% in September

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Kwanwoo Jun SEOUL--South Korea's consumer price index rose 1.1% on the year in September, slower than the market expected, government data showed Wednesday. The September reading, below the median 1.5% increase forecast by economists surveyed by The Wall Street ...

China September Official Manufacturing PMI Holds Steady

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

BEIJING--A key gauge of China's manufacturing held steady in September, official data showed Wednesday, suggesting that economic growth has somewhat stabilized but at a modest level. China's official manufacturing Purchasing Managers Index registered 51.1 in September, unchanged from August, the ...

Indonesia Inflation Picks Up Pace in September

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Linda Silaen JAKARTA--Indonesia's annual rate of inflation picked up in September because of comparison with a lower base, but was below expectations as food prices continued to fall. The official Central Statistics Agency said Wednesday that the annual inflation ...

Indonesia Trade Balance Swings to Deficit in August

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

By Linda Silaen JAKARTA--Indonesia's trade balance swung into deficit in August as imports for capital and manufacturing goods rose, which likely reflected improved confidence among businesses following the country's presidential election. On Wednesday, the official Statistics Agency said Indonesia swung ...

Dollar Surges as Eurozone Inflation Sinks to Five-Year Low

TODAY: Oct. 1, 2014 PUB DATE: Oct. 1, 2014

(Adds quarterly statistics.) By Tommy Stubbington and James Ramage The dollar continued to surge Tuesday, buoyed by a slump in the euro as eurozone inflation sank to a five-year low. The latest sign of sluggish price growth in the euro ...